According to the research report titled ‘Fluoropolymers Market Share, Size, Trends, Industry Analysis Report By Product Type, By Application, By Regions, Segments & Forecast, 2018 - 2026’, available with Market Study Report, global fluoropolymers market is expected to register an appreciable growth rate through 2026.
 

Industry experts cite that surging demand for fluoropolymers intermediates from various end-use industries such as consumer products, light industrial applications, and packaging is fostering the overall fluoropolymers market growth.
 

Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/2963790/
 

Moreover, growth of construction industry has strengthened the demand for polyvinyl products, in turn, has boosted the consumption for fluoropolymers dichloride. Also, growing inclination towards production of lightweight and modernized automotive products has accelerated consumption of polyvinyl chloride and fluoropolymers altogether.
 

Further, upsurge in sales of commodity products such as packaging, housing inputs, bio-based PET products, and textile products due to burgeoning population and rising per capita income are adding considerable traction to global fluoropolymers industry expansion.
 

For the uninitiated, fluoropolymers is an organic hydrocarbon and is essential for production of a wide range of polymeric end-use products such as fibers, plastics, and organic chemicals. It is a petrochemical derivative and comprises naphthene and ethane as its major feedstocks.
 

As per the regional analysis, Asia Pacific fluoropolymers market size is anticipated to expand considerably in the upcoming years, largely driven by demand from rapidly developing countries particularly in the Indian subcontinent and Southeast Asia.
 

Japan, China, United States, and Western Europe currently account for majority of the industry share. However, Japan and Western Europe are likely to experience a decline in fluoropolymer consumption as these are mature market and their production is dependent on less economical feedstocks.
 

On the other hand, United States fluoropolymers is set to gain considerable traction during the forecast period. This can be ascribed to inflowing investments due to availability of low cost feedstocks like ethane in the nation.
 

With respect to the competitive arena, NexGen Fluoropolymers Pvt. Ltd., Gujarat Fluorochemicals Ltd., AGC Inc., Fluorotherm Polymers, Inc., Afton Plastics, Arkema S.A., Fluoro-Plastics, Inc., Solvay S.A., DuPont de Nemours, Inc., and 3M Company are the top contenders in global fluoropolymers industry sphere.